Shock and ore

24 June 2008 By John Foley

China s steel industry has effectively agreed to pay twice last year s price for its iron ore. It can afford to. But China will emerge more determined to hit the acquisition trail in an attempt to secure supply. Ugly protectionism is the likely result.

This content is for Subscribers only

To access full Breakingviews.com content you must be a subscriber. Please use the following link to request a trial.

 

Email a friend

Please complete the form below.

Required fields *

*
*
*

(Separate multiple email addresses with commas)